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    Toronto / Downtown / CityPlace

    1503 - 51 Lower Simcoe St

    For RentInfinity II Condos
    $2,500/mth
    1 Bed
    1 Bath
    1 Parking
    547 SQFT
    40 Days on Strata
    Est Lease Timeframe
    26 Days

    Listing History

    Unit Highlights

    Possession Date:
    September 15, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    South East
    Locker:
    None
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Water
    Parking
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    10.01 x 17.29ft
    Dining
    10.01 x 17.29ft
    Kitchen
    8.5 x 8.01ft

    About this Listing

    Bright & Spacious 1 Bed Unit With Open Balcony. Large Master With Mirrored Closets, Six Appliances, Granite Counter & Ceramic Backsplash In Kitchen. Great Location Steps To Financial District, Union Station, Cn Tower, Scotiabank Arena, Rogers Centre & Harbourfront Centre.

    re/max paradigm real estateMLS® #C9270231

    Amenities

    Media Room
    Gym Room
    Sauna
    BBQ
    Indoor Parking
    Guest Suites

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    10,897
    Average Individual Income
    $60,210
    Average Household Size
    3 persons
    Average Age
    46
    Average Household Income
    $103,882
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    20 - 34
    31%
    35 - 49
    20%
    50 - 64
    16%
    65+
    15%
    Household Income
    $0 - $30,000
    46%
    $30,000+
    23%
    $60,000+
    15%
    $90,000+
    9%
    $125,000+
    4%
    Housing Types & Tenancy
    High Rise Apartment
    54%
    Detached
    33%
    Semi Detached
    6%
    Low Rise Apartment
    2%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    74%
    Mandarin
    13%
    Cantonese
    7%
    Telugu
    2%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Hindi
    1%
    Education
    University and Above
    46%
    High School
    21%
    College
    13%
    None
    11%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    27%
    Architecture & Engineering
    20%
    Math & Computer Sciences
    11%
    Health & Related Fields
    10%
    Social Sciences
    10%
    Humanities
    6%
    Physical Sciences
    4%
    Education
    3%
    Personal, Protective & Transportation Services
    2%
    Visual & Performing Arts
    2%

    Price Trends

    Maintenance Fees

    Infinity II Condos vs The CityPlace Area

    Building Trends At Infinity II Condos

    Days on Strata

    Units at Infinity II Condos spend an average of
    9
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in CityPlace

    Turnover of Units

    On average, each unit is owned for
    7.1
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 29 condos in the CityPlace area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    19
    Units were Rented over the past twelve months

    Best Value Rank

    Infinity II Condos offers the
    ?
    best value out of 29 condos in the CityPlace neighbourhood

    Appreciation Rank

    Infinity II Condos has the
    ?
    highest ROI out of 29 condos in the CityPlace neighbourhood

    Rental Yield

    Infinity II Condos yields the
    ?
    highest rent prices out of 29 condos in the CityPlace neighbourhood

    High Demand

    Infinity II Condos is the
    ?
    most popular building out of 29 condos in the CityPlace neighbourhood

    Transaction Insights at 51 Lower Simcoe Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$590,000 - $590,101$615,000 - $650,000$925,000 - $960,000$999,999No Data
    Avg. Cost Per SqftNo Data$1,064$960$1,158$1,169No Data
    Avg. Wait for Unit AvailabilityNo Data116 Days144 Days167 Days242 Days631 Days
    Ratio of Units in Building1%35%30%19%16%1%

    Transactions vs Inventory

    Total number of units listed and leased in CityPlace